Cramer's 'Mad Money Recap': Woodward Governor's Big Wind Power Play

He also noted that Fortune's strategy is to invest in and grow its current brands, rather than purchase new brands. "Our company's best returns always come from organic growth," he said.

Finally, Carbonari discussed Fortune's exposure to the golf business. He said golf is growing both domestically and internationally and his company is positioned to grow with it.

Cramer agreed with his comments and recommended the stock on any positive news from the housing market.

Am I Diversified?

Cramer talked with callers to see if their portfolios have what it takes. The first caller's portfolio included Honeywell HON, Covanta CVA, Temple-Inland TIN, Schering-Plough SGP and Coeur d'Alene Mines CDE.

Cramer blessed this portfolio as diversified.

The second caller's top holdings included Procter-Gamble PG, Johnson & Johnson JNJ, Time Warner TWX, Cummins CMI and Clorox CLX.

Cramer identified two of a kind with Clorox and Proctor. He suggested selling Johnson and Time Warner and picking up General Dynamics GD and Apple AAPL.

The final caller's portfolio had AT&T T, Bank of America BAC, Transocean RIG, Corning GLW and Disney DIS as his top stocks.

Cramer liked JP Morgan JPM more than Bank of America, but called the portfolio "well played."

Mad Mail

In this segment, Cramer told a viewer that GTX Corp GTXI is a speculative stock and he'd be careful.

A second viewer asked about Conceptus CPTS, but Cramer said to stay far away from that one.

A third viewer asked about American Superconductor AMSC. Cramer said that he has many favorite wind stocks, but won't recommend American Superconductor.

Finally, Cramer told a viewer that he's still negative on Garmin GRMN since most of the company's businesses are not doing well at the moment.

Sudden Death

Cramer was bullish on Spirit AeroSystems Holdings SPR, ALCOA AA, Precision Castparts PCP, Honeywell HON and Diamond Offshore DO.

Lightning Round

Cramer was bullish on First Solar FSLR, Apache APA, Devon Energy DVN, Bristol-Myers Squibb BMY, HJ Heinz HNZ, Caterpillar CAT, DuPont DD and Goldman Sachs GS.

Cramer was bearish on ingli Green Energy YGE, Nextwave Wireless WAVE, Clearwire CLWR, RAM Energy Resources RAME, Electronic Data Systems EDS and Hershey Foods HSY.

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Jim Cramer writes about all the stock trades in his charitable trust for TheStreet.com in Action Alerts Plus. Recent stocks he's traded in this account include Schering-PloughSPG, Yamana GoldAUY and Inverness MedicalIMA.

Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.

For more of Cramer's insights during the Lightning Round, click here.